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29039969 No.29039969 [Reply] [Original]

Is Bitcoin eating them as the enthusiasts say?

>> No.29040081

don't you get it. this is all jewish tricks designed to get you to disregard real wealth (gold/silver) and to instead spend all yur money on stupid computer coins

>> No.29040358

You have to be mentally ill and emotionally invested into gold if you unironically keep holding it considering it’s proven to have terrible returns which realistically don’t even keep up with inflation of the dollar

It doesn’t matter for what reason that is, the whole “price manipulation down” isn’t an argument to buy and hold gold, if anything it’s an argument against it.

It’s like saying Australian and Canadian capital city housing prices are manipulated by the Australian and Canadian governments by offering so many benefits to Chinese to buy property, of course it’s manipulated and artificial, but it’s never going to fucking end in your life time, so why would you make a decision based on a change that isn’t going to happen in your life time?

What if price manipulated on gold doesn’t end until 2050, or 2500, or ever? Fucking dump it and buy assets that are actually moving and have life in them

>> No.29040438

>>29040081
Ah yes, because precious metals were just doing so amazing until crypto came along....

You dumb fucking cunt

>> No.29041441

>>29039969
it's the paper price. imagine not holding silver and miners only days before the COMEX defaults.

>> No.29041882
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29041882

https://rumble.com/vcrdv9-corona-chan.html

This

>> No.29043522

>>29039969
I have bought silver autistically for the past 10 years. I will never sell. There are many others like me. Year by year we are cornering the market. The hunt brothers made the mistake of cornering too quickly triggering action by the (((riggers))) we have gathered our physical slowly over time while prices were manipulated low. We have coordinated our efforts with youtubers and podcasters and have spread the word. Those who were in the know have been buying religiously. The paper price be damned. We are the accumulators we will never sell. We will watch the world scramble for physical which has been trashed in landfills and only left as molecule sized pieces in depleted mines.

Their endgame was supposed to play out in 2012, but both Obama and Trump were populist monkey wrenches in their plan. They are a decade behind the 8-ball and now currency is something they did not plan for which they have to develop completely new strategies to deal with...

meanwhile we accumulate physical. Our game is a long one. We can do this forever.

expect us

>> No.29043626

>>29043522

*crypto currency is something they didn't plan for

>> No.29044162
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29044162

Why do crypto people and metal people have to fight all the time when both people subscribe to Austrian economics and believe in sound money. Neither money is absolutely perfect and both have pros and cons. So owning either is fine since you are out of the dollar.

And OP you don't have to worry about bitcoin sucking value from gold and silver until all fiat is dead and currency traders only trade the gold / silver ratio, the gold / bitcoin ratio and the silver / bitcoin.

IMO just like how gold AND silver both served as money for thousands of years I find it easy to imagine bitcoin serving a role for as long as we have advanced industrial society

>> No.29044194

>>29043626
Now banks and corporations are getting to buy it at $50k a coin

Would be a shame if it all became worthless

>> No.29044248

>>29040438
kek
the play is to get rich with crypto then buy shiny rocks when dollar will ultimately collapse
could take 10 years

>> No.29044283
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29044283

https://rumble.com/vcrdv9-corona-chan.html

I'm going to continue to stack

>> No.29044301

>>29040358

Gold is for preserving wealth you already have not for getting rich. It's dollar value is ultimately meaningless.

>> No.29044303

>>29043522

I believe endgame is here.

JP morgan is at a decision point this month. They have the silver to cover the deliveries in their vaults, but this would mean significantly draining their physical supply... the question is, will JPmorgan choose to give up their physical stash to the COMEX orders, or will they keep their physical and declare a Force Majure sometime before the end of March? We will know the answer within the first week of April.

if by April 5...
The price of Silver is <$50 Then JPmorgan has decided to drain itsself of most/all of the physical silver in it's vaults and has given it to the people standing for delivery... this renders JPmorgan silverless, but buys them time to make other paper plans as an exit strategy... expect a major market crash and a crypto explosion by the end of April if silver is still sub $50. This will be JP morgan exiting Equities and the USD for crypto due to their lack of other adequate hedges.

If JPmorgan does not deliver to the COMEX delivery contracts... expect chaos in the system to come sooner. Crypto and PM's will moonshot at the same time as all institutions mass exit the USD and equities for crypto and whatever PMs they can get their hands on. <this scenerio could play out as soon as March 1 depending on if JP holds on to their physical like the greedy cockroaches they are.

>> No.29044386

>>29044162
I own gold silver bitcoin and litecoin.
They serve similar purposes to me but have slightly different utility. I find the difference between them useful.

>> No.29044474

>>29043522
based
https://www.youtube.com/watch?v=wtxr_yXDXTo

>>29044162
crypto is a sham intended to soak up capital and divert it from silver

>> No.29044521

>>29044162
This. Bitcoin is not competing with gold, and gold is not competing with bitcoin. For that matter, why the fuck do investments have to 'compete' with one another to begin with? The only thing anything is competing with is the dollar. Gold has its benefits and detriments, and the same goes for bitcoin. In a perfect world we wouldn't have this ridiculous infighting and we'd realize we have a common goal: checking out of the fiat scheme to move forwards towards a currency that's impossible to (or at minimum harder to) manipulate.

Stack gold, stack silver, stack bitcoin, stack anything and everything that has solid, credible value and checks you out of the fiat ponzi scheme designed to keep you poor. This isn't a competition. Cryptofags and metalfags shouldn't be fighting over nothing. You don't have to buy one if you don't want to.

>> No.29044795

>>29044521
Based

>> No.29044843
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29044843

>>29044194
It isn't about how much USD a bitcoin is worth. A more appropriate measure of a bitcoin is how much gold or silver it is worth. Right now a bitcoin is worth 1850 ounces of silver. Annual silver production is a little less then a billion. Even though easily accessible supplies of silver are drying up it is undeniable that if silver goes up 5x or 10x these mining companies will explode in value and will have huge amounts of capital available to them to expand production. Bitcoin supply is absolutely fixed compared to the vast supply of undiscoverd silver on earth


850000000 /1850 equals around half of a million possible bitcoins that could be bought with the annual silver supply. However this is meaningless since buying half a million bitcoin 1/42 of the possible supply ever would send the price rocketing to the hundreds of thousands of USD.

>> No.29044986
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29044986

imagine still not listening

>> No.29045397
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29045397

>>29044386
>>29044521

Extremely based bros owning both crypto and precious metals makes you anti fragile. Since if your country flips communist and you can't smuggle your gold/silver out to a better jurisdiction if you own some bitcoin at least you won't lose everything.

Imagine two people arguing in the desert about which drink they want to stop themselves from dying from dyhydration ones says apple juice and one says lemonade. Does it really fucking matter when you are dying of thrist? Is it really worth arguing over, wasting precious energy over?

>> No.29045418

>>29044521
Thank you. Everyone needs to realize they can split into multiple investments. Getting most, if not, all your assets out fiat should be priority.

>> No.29045640

>>29045397
>Imagine two people arguing in the desert about which drink they want to stop themselves from dying from dyhydration ones says apple juice and one says lemonade. Does it really fucking matter when you are dying of thrist? Is it really worth arguing over, wasting precious energy over?

True and beautiful analogy.

>> No.29045724

>>29039969
we've been off the gold standard since 1971 how long until the financial apocalypse comes
crypto is pro-science voodoo bullshit, all based on speculation
the only true signs of wealth are livestock and land

>> No.29046102

Dollar cost averaging silver and bitcoin, never felt better.

>> No.29046333
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29046333

>>29044303
It sure feels like the tide is breaking them.

I think open ounces are at 385ish million. Needed to close in like 5 biznez days. They are FUCKED.

>> No.29047875
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29047875

>>29041882
Fucking KEK at that pic